KBKarnataka Bank532652New product launch

Bank unveils 'Nava Dhamaka 2026' – nine new products and services across digital, payments and lending

Karnataka Bank unveiled nine key solutions under 'Nava Dhamaka 2026 – Enhancing Banking Experience' at its Bengaluru launch, inaugurated by MD & CEO Sri Raghavendra S Bhat.

By ScoutQuest · Thu 15 Oct 2026, 1:09 PM IST · 2 min read

Products/Services Launched

nine key solutions under 'Nava Dhamaka 2026 – Enhancing Banking Experience'

Launch Location

Bengaluru

Inaugurated By

MD & CEO Sri Raghavendra S Bhat

Karnataka Bank Ltd has unveiled a range of banking products and services under the theme 'Nava Dhamaka 2026 – Enhancing Banking Experience'. The launch programme was held at the Bank's Bull Temple Road Office (BTRO) in Bengaluru and was inaugurated by the Bank's Managing Director & CEO Sri Raghavendra S Bhat, in the presence of distinguished guests, technology partners, senior executives and officials from the Bengaluru region.

The nine solutions unveiled

• A composite online trading and wealth management platform integrating demat and brokerage facilities with wealth management solutions
• A revamped Retail Internet Banking platform with an enhanced user interface and user experience
• Enhanced KBL Mobile Banking features, including Soulabhya Plus Deposits and improved FASTag services
• UPI services for eligible NRI customers holding NRE/NRO accounts
• PIN-less transactions through the Central Bank Digital Currency (CBDC) platform
• A comprehensive Point of Sale (POS) solution for temples, mutts, trusts and other religious institutions, to facilitate secure and transparent digital collections
• An AI-enabled Voice Bot for Lead Validation to improve customer outreach and lead management
• The Drop Line Facility under KBL Micromitra
• KBL Startup Finance, a dedicated credit scheme for startups and emerging entrepreneurs

What the bank says these are meant to achieve

The bank states that together these solutions are aimed at enhancing customer convenience, strengthening digital payment capabilities, improving service delivery and supporting entrepreneurship and institutional growth.

In the words of the MD & CEO

Sri Raghavendra S Bhat said the Bank is committed to delivering innovative products and seamless banking services that cater to the evolving needs of customers, making banking faster, simpler, smarter and more accessible through technology-driven solutions. He added that the focus remains on enhancing customer experience, strengthening trust and delivering value to customers through continuous innovation and excellence.

Other points from the release

• Mr. Brijesh Patel, former President of the Karnataka State Cricket Association (KSCA), was among the distinguished guests at the event
• The programme was further graced by Dr. K R Paramahamsa, Dr. Manju K., Mr. Sanjay Raju, Mr. Mukesh Raju and Mr. Ajith Hanumakkanavar, who shared their banking experiences with the Bank
• The Bank says that through Nava Dhamaka 2026 it reaffirms its commitment to combining its trusted banking legacy with emerging technologies and secure digital capabilities

How a retail investor can read this

This is a business and product-launch update. It sets out the new offerings being made available to customers and links them to the Bank's stated focus on digital transformation, customer-centric innovation and technology-driven banking. The commercial benefit would depend on how widely these products and services are adopted and how they are executed over time.

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